Feb
24

Frustrated Italians vote in crucial election for euro zone

ROME (Reuters) - Italians voted on Sunday in one of the most closely watched and unpredictable elections in years, with pent-up fury over a discredited elite adding to concern it may not produce a government strong enough to lead Italy out of an economic slump. The election, which concludes on Monday afternoon, is being followed closely by investors; their memories are still fresh of...
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Egypt protesters block doors to Cairo administrative hub

CAIRO: Protesters on Sunday blocked the doors to Cairo's main administrative building as part of a growing campaign of civil disobedience around the country against Islamist President Mohamed Morsi.A group of protesters closed the doors of the Mugamma, a massive labyrinth of bureaucratic offices on the edge of Tahrir Square, leaving only a side exit for employees to leave, employees told...
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Congress president or VP natural choice for PM's post: Tharoor

BHOPAL: Union minister Shashi Tharoor on Sunday suggested if the party is voted to power, its president or the vice-president will be the natural choice for the post. "Everybody knows who is the president and vice president of our party and if people vote for our party, then naturally one among them would become Prime Minister of the country," he said without specifying any name. He was suggesting...
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Crash at Daytona Exposes Risks to Fans

The risks of racing extend beyond the drivers.Fans can wind up in the danger zone, too.A horrifying crash on the last lap of a race at Daytona International Speedway injured at least 30 fans Saturday and provided another stark reminder of what can happen when a car going nearly 200 mph is suddenly launched toward the spectator areas.The victims were sprayed with large chunks of...
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Feb
23

Britain clings to austerity despite AAA loss

LONDON: British finance minister George Osborne insisted Saturday that he would not abandon his deficit-cutting drive after Moody's stripped the country of its coveted triple-A debt rating.The opposition lashed Osborne, saying his plan for the economy was shot through, while analysts said that although it was an embarrassment for him, the downgrade would have a limited impact in the markets.In...
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Assembly elections 2013: Meghalaya registers 88% voting, Nagaland 83%

NEW DELHI: Meghalaya recorded 88 per cent polling and Nagaland 83.27 per cent in the assembly elections held on Saturday, which passed off peacefully barring a few minor incidents in Nagaland. The counting would be held on February 28. Meghalaya recorded a high turnout defying a bandh call by militants in some districts and came close to its last time turnout of 89.04 per cent. Defying a bandh called...
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FDA approves new targeted breast cancer drug

WASHINGTON (AP) — The Food and Drug Administration has approved a first-of-a-kind breast cancer medication that targets tumor cells while sparing healthy ones.The drug Kadcyla from Roche combines the established drug Herceptin with a powerful chemotherapy drug and a third chemical linking the medicines together. The chemical keeps the cocktail intact until it binds to a cancer cell, delivering a potent...
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6 Leaking Tanks Are Wash. Nuke Site's Latest Woe

Federal and state officials say six underground tanks holding a brew of radioactive and toxic waste are leaking at the country's most contaminated nuclear site in south-central Washington, raising concerns about delays for emptying the aging tanks.The leaking materials at Hanford Nuclear Reservation pose no immediate risk to public safety or the environment because it would take perhaps...
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Feb
22

South Africa's Pistorius awarded bail in murder case

PRETORIA (Reuters) - A South African court granted bail on Friday to Oscar Pistorius, charged with the murder of his girlfriend, after his lawyers argued the "Blade Runner" was too famous to pose a flight risk. The decision by Magistrate Desmond Nair drew cheers from the athlete's family and supporters, although he appeared unmoved. Pistorius had broken down in tears earlier in the week-long...
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Volkswagen says net profit up 40% in 2012

FRANKFURT: Volkswagen, Europe's biggest car manufacturer, said on Friday that its net profit zoomed ahead by more the 40 percent last year on higher vehicle sales.VW said in a statement its net profit soared by 40.9 percent to a record 21.7 billion euros ($28.6 billion) in 2012 as revenues rose by 20.9 percent to 192.7 billion euros and deliveries to customers were up 12.2 percent at 9.276...
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